Andrew Tinkler has stepped down as CEO of Stobart Group, the business he has headed since it listed on the stock market in 2007. During his tenure, Tinkler, who retains a place on the business’s executive board, has divested several business units including automotive and the transport arm of the group, Eddie Stobart Logistics. He has also faced boardroom battles and made difficult decisions concerning its chilled business. Tinkler will now head the newly formed investment company, Stobart Capital. It […]
Stobart Group’s Biomass division has won a 15-year contract with Western Bioenergy to supply 150,000 tonnes of biomass a year to its plant in Port Talbot, Wales.
UK Mail’s bull run couldn’t last. After hitting the heights of 510pence per share last week, following a stellar set of results, it has drifted back slowly to 497p as of today – still significantly higher than the 445p the week before its full year results. Not bad work in a fortnight. But it has still helped the MT basket of six shares hit a new high for the year: £18.67…
Stobart Group has completed the partial divestment of its transport division.